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HomeMy WebLinkAboutMINUTES - 10241995 - C67 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA c. TO: BOARD OF COMMISSIONERS FROM: Robert J. McEwan,Acting Executive Director DATE: October 24, 1995 SUBJECT: RESOLUTION EXECUTING A QUITCLAIM DEED TO THE CONTRA COSTA COUNTY REDEVELOPMENT AGENCY FOR CERTAIN PROPERTY IN NORTH RICHMOND SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION 1. RECOMMENDED ACTION: APPROVE Board Resolution No. 3759 AUTHORIZING the Executive Director of the Housing Authority of the County of Contra Costa to execute a certain Quitclaim Deed to the Contra Costa County Redevelopment Agency for the property located at 212 Grove and 1553 Third in North Richmond, described in Exhibit A, and DIRECT the County Real Property Division to have the Quitclaim Deed recorded in the Office of the County Recorder. 11. FINANCIAL IMPACT: None. III. REASONS FOR RECOMMENDATION/BACKGROUND Pursuant to a Disposition and Development Agreement between the Contra Costa Redevelopment Agency (Redevelopment Agency)and Community Housing Development Corporation of North Richmond(CHIC), dated September 13, 1994, the Redevelopment Agency has been acquiring all the sites on the block bounded by Chesley, Third, Grove, and Second in North Richmond for a 52 unit affordable senior housing complex to be developed by CHDC. The Housing Authority owned one of these sites, a vacant duplex at 212 Grove and 1553 Third. The Redevelopment Agency has completed an eminent domain action on the property. The property has been conveyed to the Redevelopment Agency by stipulated judgment and the agreed upon fair market value, $72,600, will be paid to the Housing Authority pursuant to the terms of the judgment. As a Housing Authority site,the property was encumbered by a Declaration of Trust recorded by HUD which prohibited the Housing Authority from selling the site without HUD approval. Pursuant to Board Order No. 3756, dated August 8, 1995,the Housing Authority accepted a Quitclaim Deed from HUD which released the Declaration of Trust from the record of title on the property. However,the County's title company is now requiring the Housing Authority in turn to execute a Quitclaim Deed to the Redevelopment Agency for the property prior to the title company issuing the title insurance. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect to not to authorize the execution of the Quitclaim Deed and direct that it be recorded, future development of affordable senior housing at that site in North Richmond would be jeopardized because the Redevelopment Agency would not be able to get title insurance on this property. CONTINUED ON ATTACHMENT: YES SIGNATURE Vi22-� RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON October 24, 1995 APPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X_UNANIMOUS (ABSENT - - - - - - - ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED October 24, 1995 PHIL BATCHELOR,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR BY ,DEPUTY- THE BOARD OF COMMISSIONERS OF THE HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO.3759 EXECUTING A QUITCLAIM DEED TO THE CONTRA COSTA COUNTY REDEVELOPMENT AGENCY FOR A CERTAIN PROPERTY IN NORTH RICHMOND WHEREAS, the Housing Authority of the County of Contra Costa(hereinafter referred to as"Housing Authority")is a public body,corporate and politic established under the laws of California and empowered to own property;and WHEREAS, the Housing Authority owned two vacant public housing units,212 Grove and 1553 Third;and WHEREAS, pursuant to Board Resolution No.3759,executed on August 8, 1995,the Housing Authority accepted a Quitclaim Deed from HUD,releasing HUD's Declaration of Trust on the property; and WHEREAS, the best interests of the Housing Authority would be served by authorizing and directing the Executive Director of the Housing Authority to execute a Quitclaim Deed to the Contra Costa County Redevelopment Agency directing that it be recorded in the Office of the County Recorder: NOW,THEREFORE,BE IT RESOLVED,as follows: 1. That the Board of Commissioners of the Housing Authority of the County of Contra Costa hereby authorizes the Executive Director of the Housing Authority to execute that certain Quitclaim Deed for the property and directs the County Real Property Division to have the Quitclaim Deed recorded in the Office of the County Recorder. 2. That this resolution shall take effect immediately. PASSED AND ADOPTED THIS 24 day of October , 19 95 ,by the following vote of the Commissioners: AYES: Commissioners Rogers, Smith, DeSaulnier, Terlakson and Bishop NOES: None ABSENT:None ABSTAIN:: None 09/2.5/95 MON 11:14 FAX 510 313 2333 CCC PUBLIC WORKS 002 Recorded at the request of: Contra Costa County Redevelopment Agency Return to: Contra Costa County Public Works Department Real Property Division 255 Glacier Drive Martinez,CA 94553 Attention:Karen A. McNamar Assessors Parcel No.: 409-070-002 Title Co.: First American Title Order No.: 412345 QUITCLAIM DEED For Value Received, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA, Does hereby remise, release and forever quitclaim to CONTRA COSTA COUNTY REDEVELOPMENT AGENCY, a body corporate and politic existing under the law of the State of California, the following described real property in the unincorporated area of the County of Contra Costa, State of California, All of Lots 5 and 6 and the South 40 feet (right angle measurements) of Lots 7 and 8, Block 71, as shown on the Map of North Richmond Land and Ferry Company, Tract No. 2 , filed September 19, 1911, in Book 5 of Maps, Page 124, in the Office of the County Recorder of Contra Costa County. GRANTOR: Housing Authority of the County of Contra Costa Date ATTACH APPROPRIATE ACKNOWLEDGMENT KAM:glo g:V wlpropVempWe2HA.t9 September 25,1995